Text Resize

National Teachers Associates Life Insurance Company

Monday, March 25, 2013

Reference:

NTAL-128817654

New reserve interest rate standards have been uniformly adopted across the various states. This filing serves the purpose of demonstrating our company’s compliance with the new standards on a go-forward basis. Effective 1-1-13, the company will be calculating/keeping reserves according to the new standards. Please find attached a letter from our actuarial team, confirming our new approach to reserves at an interest rate of 3.5%. This change in the interest rate shall not affect the policy form itself.